The COVID-19 pandemic has resulted in about 75.2M cases and 1.67M deaths worldwide, as on 18th December 2020 data live updates of World Health Organizations. In response to this pandemic, this study analyzes the global issue of rising and falling of COVID19 cases and changing scenario of economies. Methods: The data has been extracted from January 2020 to December 2020 from some of the reliable sources of the World like WHO Coronavirus disease (COVID-19) dashboard, Worldometer, and Centers for Disease Control and Prevention (CDC). It also represents the global scenario of the COVID-19 pandemic and its social determinants around the world. Results: There has been spatial heterogeneity in the number of cases and the number of deaths among regions worldwide. There is a great impact on the countries economy, both on the supply and demand side. It shows that several factors affect the determinants of health at various levels like income, healthcaresystem, education, etc also play a major role in it. Conclusion: The increasing cases worldwide have adversely affected the economy and have led to a scarcity of resources which further caused the collapse of the economy and trade